Provide an economic interpretation for the coefficient for “age” all else equal, houses depreciate (=decrease in value), on average, at a rate of $3.5 thousand for each additional year of age. all else equal, houses depreciate (=decrease in value), on average, at a rate of $2 thousand for each additional year of age. all else equal, houses with an unfinished basement depreciate (=decrease in value), on average, at a rate of $3.5 thousand for each additional year of age. all else equal, houses with a finished basement depreciate (=decrease in value), on average, at a rate of $3.5 thousand for each additional year of age. all else equal, houses with a finished basement, 2 bedrooms and 2 bathrooms depreciate (=decrease in value), on average, at a rate of $3.5 thousand for each additional year of age.

12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.

The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. the production order quantity for this problem is approximately: